The former chairman of ASIC, Greg Medcraft has confirmed he urged the Treasurer, Scott Morrison to extend the Bank Executive Accountability Regime to the insurance sector...

A Sydney woman accused of dishonestly obtaining funds a client’s SMSF account and dealing with the prospects of crime has pleaded guilty, following an investigation by AS...

The Australian Securities and Investments Commission has revealed its plan to ban advisers it regards as being high risk and having ongoing compliance issues....

ASIC’s Regulatory Guide 97 will have long-term implications for investment strategy across multi-asset fund industry, according to Zenith....

NSG Services has faced a civil penalty of $1 million by the Federal Court in the first breach of the best interest duty....

A former NAB adviser has pleaded guilty to two charges of submitting financial planning documents for his own personal gain....

ASIC has released new and updated guidance for the funds management industry for consultation to reduce regulatory burden....

The ASIC Enforcement Review Taskforce has released its position paper that recommends increasing maximum civil penalty amounts for corporate and financial sector miscondu...

Mike Taylor writes that the Turnbull Government’s determination to avoid a Royal Commission may have resulted in successive exercises in political expediency and the purs...

ASIC is using data from the life insurance industry along with risk factors to help identify advisers who are more likely to be providing poor advice....

The government has announced the appointment of a new ASIC chair for a five-year period, effective from 1 February next year....

Queensland planning firm Sentinel Private Wealth has entered an enforceable undertaking following an Australian Securities and Investments Commission surveillance....

The Federal Government has thrown its support behind the move to give ASIC regulatory powers to ban the distribution of products it believes would cause harm....

ASIC will be examining how firms were providing personal advice labelled as general advice by using the relief provided to those who use financial calculators....